# Bankers discount

##### Active member
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

A. Rs. 400
B. Rs. 360
C. Rs. 480
D. Rs. 320

The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

A. 3 months
B. 4 months
C. 6 months
D. 8 months

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

A. Rs. 480
B. Rs. 520
C. Rs. 600
D. Rs. 960

##### Active member
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:

A. Rs. 960
B. Rs. 840
C. Rs. 1020
D. Rs. 760

The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:

A. Rs. 360
B. Rs. 432
C. Rs. 540
D. Rs. 1080

The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:

A. Rs. 20
B. Rs. 24
C. Rs. 16
D. Rs. 12

##### Active member
The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is:

A. Rs. 37
B. Rs. 37.62
C. Rs. 34.38
D. Rs. 38.98

The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

A. Rs. 72
B. Rs. 36
C. Rs. 54
D. Rs. 50

The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

A. Rs. 36
B. Rs. 72
C. Rs. 48
D. Rs. 96

##### Active member
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

A. Rs. 60
B. Rs. 108
C. Rs. 110
D. Rs. 112
The banker's discount on a certain sum due 2 years hence is 11 of the true discount.
10
The rate percent is:

A. 11%
B. 10%
C. 5%
D. 5.5%

##### Active member
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

A. Rs. 400
B. Rs. 360
C. Rs. 480
D. Rs. 320

The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

A. 3 months
B. 4 months
C. 6 months
D. 8 months

The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present worth is:

A. Rs. 480
B. Rs. 520
C. Rs. 600
D. Rs. 960
1. A , 2. B

##### Active member
The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:

A. Rs. 960
B. Rs. 840
C. Rs. 1020
D. Rs. 760

The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:

A. Rs. 360
B. Rs. 432
C. Rs. 540
D. Rs. 1080

The certain worth of a certain sum due sometime hence is Rs. 1600 and the true discount is Rs. 160. The banker's gain is:

A. Rs. 20
B. Rs. 24
C. Rs. 16
D. Rs. 12
1. C, 2. A

##### Active member
The present worth of a certain bill due sometime hence is Rs. 800 and the true discount is Rs. 36. The banker's discount is:

A. Rs. 37
B. Rs. 37.62
C. Rs. 34.38
D. Rs. 38.98

The banker's gain on a bill due 1 year hence at 12% per annum is Rs. 6. The true discount is:

A. Rs. 72
B. Rs. 36
C. Rs. 54
D. Rs. 50

The present worth of a sum due sometime hence is Rs. 576 and the banker's gain is Rs. 16. The true discount is:

A. Rs. 36
B. Rs. 72
C. Rs. 48
D. Rs. 96
1. B, 2. D

##### Active member
The true discount on a bill of Rs. 540 is Rs. 90. The banker's discount is:

A. Rs. 60
B. Rs. 108
C. Rs. 110
D. Rs. 112
The banker's discount on a certain sum due 2 years hence is 11 of the true discount.
10
The rate percent is:

A. 11%
B. 10%
C. 5%
D. 5.5%
1. B, 2. C